PERFORMANCE REPORT OF PHILIPPINE MUTUAL FUNDS
For the Years Ended 2011, 2010, 2009 and 2008

* Figures with the minus sign (-) denote a loss. All data from the Investment Company Association of the Philippines (ICAP).

Disclaimer: Although the rate of return is a good measure of performance, other factors such as consistency of return and exposure to risks must also be considered. Note that past performance of a fund is not and cannot be a guarantee of future returns.

YEAR-TO-DATE PERFORMANCE OF MUTUAL FUNDS IN THE PHILIPPINES
As of the 1st Quarter of 2010 (January to March 2010)

EQUITY FUNDS (primarily invested in Peso equity securities)

1. ATR KimEng Equity Opportunity Fund – 11.29%
2. Philam Strategic Growth Fund – 10.02%
3. Philequity Fund – 7.36%
4. First Metro Save and Learn Equity Fund – 6.73%
5. Sun Life Prosperity Phil. Equity Fund – 5.57%
6. Philippine Stock Index Fund – 4.89%
7. Philequity PSE Index Fund – 4.71%
8. United Fund – 2.47%

BALANCED FUNDS (primarily invested in Peso debt and equity securities)

1. MFCP Kabuhayan Fund – 9.03%
2. Philam Fund, Inc. – 8.01%
3. GSIS Mutual Fund – 7.76%
4. First Metro Save and Learn Balanced Fund Inc. – 6.95%
5. ALFM Growth Fund – 6.63%
6. Sun Life Prosperity Balanced Fund – 3.64%
7. Optima Balanced Fund – 3.37%

FOREIGN CURRENCY-DENOMINATED BALANCED FUNDS

• Sun Life Prosperity Dollar Advantage Fund – 1.18%

BOND FUNDS (primarily invested in Peso debt securities)

1. Sun Life Prosperity GS Fund – 1.92%
2. Philam Bond Fund – 1.50%
3. Philequity Peso Bond Fund – 1.45%
4. Sun Life Prosperity Bond Fund – 1.23%
5. ALFM Peso Bond Fund – 1.12%
6. First Metro Save and Learn Fixed Income Fund – 0.98%
7. Cocolife Fixed Income Fund – 0.69%
8. Prudentialife Fixed Income Fund – 0.50%
9. Ekklesia Mutual Fund – No data

FOREIGN CURRENCY-DENOMINATED BOND FUNDS

1. Philequity Dollar Income Fund – 2.05%
2. Philam Dollar Bond Fund – 1.89%
3. ALFM Euro Bond Fund – 1.81%
4. ALFM Dollar Bond Fund – 1.46%
5. Sun Life Prosperity Dollar Abundance Fund – 1.46%
6. AIG Global Bond Fund Phils. – (2.05%)
7. Grepalife Dollar Bond Fund – No data
8. Grepalife Fixed Income Fund Corp. – No data
9. MAA Privilege Dollar Fixed Income Fund – No data
10. MAA Privilege Euro Fixed Income Fund – No data

MONEY MARKET FUNDS (primarily invested in short-term Peso securities)

1. Philam Managed Income Fund – 0.43%
2. First Metro Save and Learn Money Market Fund, Inc. – 0.35%
3. Sun Life Prosperity Money Market Fund – 0.22%
4. ATR KimEng Money Market Fund – 0.00%

* Figures in (xxx) denote a loss. All data are from the Investment Company Association of the Philippines

Disclaimer: Although the rate of return is a good measure of an investment instrument’s performance, other things such as consistency of return and exposure to risks must also be assessed. Note also that past performance is not and cannot be a guarantee of future returns.